StockWatch
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Financial Institution
Auditor13 May 2026, 07:51 pm

TFCI Appoints C J S Nanda & Associates as Internal Auditor

AI Summary

Tourism Finance Corporation of India Ltd (TFCI) has appointed M/s C J S Nanda & Associates as its Internal Auditors for the financial year 2026-27. The Board of Directors also approved the audited financial results for the quarter/year ended March 31, 2026, recommended a dividend of ₹0.60 per equity share (30%) for FY26, and approved raising up to ₹1200 crore through various financial instruments. Shri Anoop Bali was re-appointed as Managing Director and will continue as CFO for a further term of 2 years.

Key Highlights

  • M/s C J S Nanda & Associates appointed as Internal Auditors for FY 2026-27.
  • Dividend of ₹0.60 per share (30%) recommended for FY 2025-26.
  • Approved raising up to ₹1200 crore through loans/bonds/debentures.
  • Anoop Bali re-appointed as Managing Director for 2 years.